TrueBlue, Inc. (NYSE:TBI) is set to announce second quarter earning results on Monday 27th July 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, TBI to report 2Q20 loss of $ 0.42 per share.
For the full year, analysts anticipate top line of $ 1772.95 million, while looking forward to loss of $ 0.08 per share bottom line.
Previous Quarter Performance
TrueBlue, Inc. recorded loss for the first quarter of $ 0.01 per share, from the revenue of $ 494.25 million. The quarterly revenues reduced 11.78 percent compared with the same quarter last year. The consensus estimates are income of $ 0.04 per share from $ 498.87 million in revenue. The bottom line results missed street analysts by $ 0.05 or 125 percent, at the same time, top line results fell short of analysts by $ 4.62 million or 0.93 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of TBI was $ 13.65, representing a 13.56 % increase from the 52 week low of $ 12.02 and a 45.36 % decrease over the 52 week high of $ 24.98.
The company has a market capital of $ 493.14 million and is part of the Industrials sector and Staffing & Outsourcing Services industry.
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Conference Call
TrueBlue, Inc. will be hosting a conference call at 5:00 PM eastern time on 27th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.trueblue.com
TrueBlue, Inc. provides contingent staffing, recruitment process outsourcing, and contingent staffing management services in the United States, Canada, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout.
